Scotia Howard Weill reiterated their sector perform rating on shares of Fairmount Santrol (NYSE:FMSA) in a report released on Friday morning.

Several other equities analysts also recently commented on the stock. Credit Suisse Group upped their price objective on shares of Fairmount Santrol from $4.00 to $5.00 and gave the company a neutral rating in a report on Friday, November 3rd. Guggenheim upgraded shares of Fairmount Santrol from a neutral rating to a buy rating and set a $7.00 price objective on the stock in a report on Monday, December 18th. Royal Bank of Canada set a $6.00 target price on shares of Fairmount Santrol and gave the company a buy rating in a research report on Sunday, November 12th. Zacks Investment Research cut shares of Fairmount Santrol from a hold rating to a sell rating in a research report on Monday, October 30th. Finally, Citigroup boosted their target price on shares of Fairmount Santrol from $4.25 to $6.00 and gave the company a buy rating in a research report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the stock. Fairmount Santrol currently has an average rating of Hold and an average price target of $5.95.

Fairmount Santrol (NYSE FMSA) traded up $0.02 during trading hours on Friday, hitting $6.05. 3,344,700 shares of the company’s stock traded hands, compared to its average volume of 3,152,267. Fairmount Santrol has a 12-month low of $2.46 and a 12-month high of $13.12. The firm has a market capitalization of $1,360.00, a P/E ratio of 121.00 and a beta of 2.11. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.11 and a current ratio of 2.52.

Fairmount Santrol (NYSE:FMSA) last released its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.02. Fairmount Santrol had a net margin of 1.69% and a return on equity of 4.05%. The firm had revenue of $280.05 million for the quarter, compared to the consensus estimate of $264.02 million. During the same period in the previous year, the company earned ($0.11) earnings per share. The company’s quarterly revenue was up 107.8% on a year-over-year basis. equities research analysts expect that Fairmount Santrol will post 0.29 earnings per share for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP bought a new stake in Fairmount Santrol during the third quarter worth about $101,000. GSA Capital Partners LLP lifted its position in Fairmount Santrol by 92.3% during the third quarter. GSA Capital Partners LLP now owns 22,343 shares of the industrial products company’s stock worth $107,000 after purchasing an additional 10,726 shares during the period. Oppenheimer & Co. Inc. lifted its position in Fairmount Santrol by 80.5% during the third quarter. Oppenheimer & Co. Inc. now owns 27,810 shares of the industrial products company’s stock worth $133,000 after purchasing an additional 12,400 shares during the period. FineMark National Bank & Trust bought a new stake in Fairmount Santrol during the third quarter worth about $143,000. Finally, Principal Financial Group Inc. lifted its position in Fairmount Santrol by 183.3% during the second quarter. Principal Financial Group Inc. now owns 31,107 shares of the industrial products company’s stock worth $121,000 after purchasing an additional 20,128 shares during the period. 75.29% of the stock is owned by institutional investors and hedge funds.

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About Fairmount Santrol

Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates.

Analyst Recommendations for Fairmount Santrol (NYSE:FMSA)

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